₦airaland Forum

I recently verified as a merchant on Binance Nigeria P2P and was required to deposit 1000Busd for verification. After successful verification, Binance refused to release the 1000Busd saying that it will remain with them as long as i'm doing business on the platform.

Initially, I was getting a lot of customers but things are beginning to change now. I noticed do many people left the platform because of the new policy which requires persons to deposit 1000busd before they can become merchant.

NOW MY QTUION.
I want to know if one can still get customers and make money on other exchanges like Paxful, Okx?. I notice that some traders on Okx have high number of trades and their verification requirement is $300 which will be returned to you after verification.

What is slowing business down? The $1k is the reason I halted going into the business. There's kucoin too with lower deposit but it won't be returned.

GOTO localcoinswap and trade but it has less trading volume and less users

Castrocahn:
I recently verified as a merchant on Binance Nigeria P2P and was required to deposit 1000Busd for verification. After successful verification, Binance refused to release the 1000Busd saying that it will remain with them as long as i'm doing business on the platform.

Initially, I was getting a lot of customers but things are beginning to change now. I noticed do many people left the platform because of the new policy which requires persons to deposit 1000busd before they can become merchant.

NOW MY QTUION.
I want to know if one can still get customers and make money on other exchanges like Paxful, Okx?. I notice that some traders on Okx have high number of trades and their verification requirement is $300 which will be returned to you after verification.

Hi Boss, I'm also in the process of paying the 1k deposit to get verified but I'll like to first hand info about your experience after the deposit please.

vichaz10:
Hi Boss, I'm also in the process of paying the 1k deposit to get verified but I'll like to first hand info about your experience after the deposit please.

can you please tell me how do merchant make money on P2P? I heard that a merchant makes nothing less than 10k a day.

vichaz10:
Hi Boss, I'm also in the process of paying the 1k deposit to get verified but I'll like to first hand info about your experience after the deposit please.

The truth is that I won't advise anyone to enter Binance merchant programme now.

Since Tinubu introduced the new $ policy, Binance stopped paying. Customers stopped coming probably because they now trade with banks now.

Hopefully it gets better sha, but at the moment, it's a No! , No (my honest opinion)

Castrocahn:
The truth is that I won't advise anyone to enter Binance merchant programme now.

Since Tinubu introduced the new $ policy, Binance stopped paying. Customers stopped coming probably because they now trade with banks now.

Hopefully it gets better sha, but at the moment, it's a No! , No (my honest opinion)

"Binance stopped paying"....do they pay merchant pls